SolarEdge Technologies Inc (SEDG)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -1,158,390 | 80,749 | 177,155 | 187,224 | 163,666 |
| Revenue | US$ in thousands | 901,456 | 2,976,530 | 3,110,280 | 1,963,860 | 1,459,270 |
| Pretax margin | -128.50% | 2.71% | 5.70% | 9.53% | 11.22% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-1,158,390K ÷ $901,456K
= -128.50%
SolarEdge Technologies Inc's pretax margin has been decreasing over the years. In December 31, 2020, the pretax margin was 11.22%, which decreased to 9.53% by December 31, 2021. The trend continued with a further decline to 5.70% by December 31, 2022, and a significant decrease to 2.71% by December 31, 2023. However, there was a drastic negative turn in December 31, 2024, with a pretax margin of -128.50%, which may indicate potential financial distress or extraordinary events affecting profitability. It is important for SolarEdge Technologies Inc to analyze the underlying reasons for these fluctuations and take appropriate measures to improve profitability and sustainability.
Peer comparison
Dec 31, 2024